$35M development set to double Snowy Mountain population
The population of a Snowy Mountain town would more than double under plans filed by Ironstone Development Group and Liberty Homes.
The concept plans have been lodged with the Snowy Valley Council to increase the population of Talbingo from around 239 people through the development of a mixed-use precinct with an estimated cost of $35 million.
GALLERY
The plan is to develop 400 lots, included a tourist facility with a spa hotel, medium-density precinct and detached dwellings at Lot 35 Dp 878862 Miles Franklin Drive, Talbingo in NSW.
The town is in the catchment area of the $4.6-billion Snowy 2.0 hydro power station approved in mid-2020 which links two existing dams at Tantangara and Talbingo through an underground tunnel.
The 15.25ha site was previously owned by the Snowy Mountains Hydro Electric Authority now known as Snowy Hydro Ltd.
The design by Harwood Architects shows an apartment development, 80 detached buildings, car parking and a 14000sq m mixed-use precinct.
The project will activate the area and establish a “Talbingo Destination” theme for visitors, according to the development application by Simplan.
“The concept proposal when implemented will provide additional residential and tourist accommodation and incrementally address gaps in future accommodation provision,” the application said.
“It will also provide local employment and assist the viability of existing services in Talbingo village.”
During the course of Snowy 2.0, Australia’s largest committed renewable energy project, 4000 jobs are expected to be created and so far $70 million has been injected into the local community.
The mine also has transformed a former copper mine and town at Lobs Hole into a remote campground with 600 en-suite rooms and capacity increasing by 24 rooms a week.
The demand for regional properties began before the pandemic took hold and these homes continue to outpace the prices in capital cities increasing 1.6 per cent compared to 0.6 per cent for cities in February.
Via The Urban Developer
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